atx crypto club



Anon Ymous

Tue Mar 31 17:42:30 2020
<9e126bf3> well I’m not getting squat. But this is potentially cool
&gt; Taxpayers can withdraw up to $100,000 from their IRAs, 401(k)s and other plans for coronavirus-related assistance
&gt; There is no tax on the amount withdrawn if paid back within 3 years
&gt; Repayments are considered rollovers, i.e. not limited if repaying the loan, so can be paid back anytime within the 3-year period starting from the date of withdrawal
&gt; No 10% early distribution penalty applies if under 59 ½
&gt; The portion not repaid in 3 years would be subject to tax, but not to the penalty
except… what is coronavirus-related assistance? is there a specific qualifying list?
<9e126bf3> Direxion has $NAIL for bullish RE plays but no bear…

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